The recession is forcing investors to delay their retirement, according to a recent survey by research firm Gallup Organization on behalf of UBS AG -- a global financial services firm based in Switzerland.

One in five participants in the survey of 1,000 investors nationwide said the economy is forcing them to add several years to their target retirement date, with 19% saying they expect to retire 4 years later than originally anticipated. And perhaps most significantly, 24% believe the recession will have a negative impact on their standard of living in retirement. Not surprisingly, this was most marked in the senior age group, with 38% of those 60 and older agreeing with the statement.

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